Mustek (JSE:MST) LT-Debt-to-Total-Asset : 0.01 (As of Dec. 2023)

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What is Mustek LT-Debt-to-Total-Asset?

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. Mustek's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.01.

Mustek's long-term debt to total assets ratio declined from Dec. 2022 (0.01) to Dec. 2023 (0.01). It may suggest that Mustek is progressively becoming less dependent on debt to grow their business.

Mustek LT-Debt-to-Total-Asset Historical Data

The historical data trend for Mustek's LT-Debt-to-Total-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Mustek LT-Debt-to-Total-Asset Chart

Mustek Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

LT-Debt-to-Total-Asset

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0.01

0.03

0.02

0.01

Mustek Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.02	0.02	0.01	0.01	0.01

Mustek LT-Debt-to-Total-Asset Calculation

Mustek's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jun. 2023 is calculated as

LT Debt to Total Assets (A: Jun. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Jun. 2023 )	/	Total Assets (A: Jun. 2023 )
	=	72.24	/	5723.381
	=	0.01

Mustek's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (Q: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2023 )	/	Total Assets (Q: Dec. 2023 )
	=	66.054	/	5251.195
	=	0.01

Mustek (JSE:MST) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

Mustek LT-Debt-to-Total-Asset Related Terms

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Mustek (JSE:MST) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Mustek Ltd (JSE:MST) » Definitions » LT-Debt-to-Total-Asset

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Address

322 15th Road, Randjespark, Midrand, GT, ZAF, 1685

Website

https://www.mustek.co.za

Mustek Ltd is an assembler and distributor of personal computers and complementary Information and Communication Technology (ICT) products in South Africa. The company's segment includes Mustek; Rectron; MIE and Group. Mustek includes assembly and distribution of computer products and peripherals, including Mecer-branded products and related services. Rectron includes distribution of computer components and peripherals. Mecer Inter-Ed (MIE) includes training provider of accredited training programmes and the group includes investments in associates and other investments and loans. Geographically, operates through the region of South Africa. It derives substantial part of its revenue from the Mustek segment.